High-speed rail board OKs $8.6B in bonds

Bullet-train project to break ground this summer

The governing board of California's High-Speed Rail Authority has approved borrowing $8.6 billion to begin building the first segment of a bullet-train system that is eventually supposed to link northern and southern California.

High-speed rail meeting

Kevin Dayton of Roseville address the high-speed rail finance committee at a meeting on Monday.